Kanga

Member
Watch The Lira Now
There is a strange attitude to second hand here in Turkey. Even here in the village most people do not want second hand clothes. Some of ours are almost new, but we cannot give them away.
If the online sector is thriving then the lack of customers for second hand shops may be something to do with the perceived 'shame' of being seen buying second hand. Turks are proud folk.
 

enoch

Member
Watch The Lira Now
Same here, seems to have doubled.

I do like they are transparent with the increase though, showing a before and after:

At least they let you know I got an email off them saying the other day
 

enoch

Member
Watch The Lira Now
The government bank staff have been given given quoters for getting customers to change their dollars to lira. Cumhuriyet daily
 
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Oil prices rise as key pipeline in southeastern Turkey explodes​

Oil prices have risen after a key pipeline running from Iraq to Turkey exploded in the south-eastern province of Kahramanmaraş on Jan. 18 evening, causing authorities to shut down a highway. Turkey's state pipeline operator Botaş said that Kirkuk-Ceyhan oil pipeline would be operational "as soon as possible." The cause of the explosion is not known.​

Oil prices rose for a fourth day on Jan. 19 as an outage on a pipeline from Iraq to Turkey increased concerns about an already tight supply outlook amid worrisome geopolitical troubles in Russia and the United Arab Emirates.

Brent crude futures rose 87 cents, or 1per cent, to $88.38 a barrel at 0543 GMT, adding to a 1.2per cent jump in the previous session. The benchmark contract climbed to as much as $89.05, its highest since Oct. 13, 2014.
 

Camden

Member
Watch The Lira Now

All Eyes on the Central Bank:

The eyes of the markets are on the policy rate decision to be announced by the CBRT at 14.00 tomorrow.

The general forecasts of economists are that interest rates will be kept constant. Sozcu.com.tr compiled the latest predictions regarding the results of tomorrow's meeting...​


The President, on the other hand, stated that the interest rates will continue to fall, in a statement to journalists after returning from his trip to Albania yesterday. In his statement, the President stated that the exchange rate and interest rates will decrease gradually depending on the economic conditions.



I hope he keeps in mind the continuing price hikes ...and hardship of the man/woman in the street ..some relying on interest to supplement their income ...

New hikes in red meat are on the way

The increase in carcass meat prices by 10 TL by the Meat and Dairy Institution was a sign of new hikes in retail prices. Although the butchers say that they have not reflected the last hike in the prices yet, the meat is sold for 15 liras more expensive in the markets.


More than 30 percent increase in drugs

According to the information provided by Ankara Chamber of Pharmacists, Taner Ercanlı to sozcu.com.tr, as of yesterday, over 100 drugs have increased by 30-35 percent. A hike will also come next month due to the update of the euro/TL rate used in pricing medicines.


 
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enoch

Member
Watch The Lira Now
From FT today,

Seems like a good time to bring that up the day before the bank meeting at 2 tomorrow.
 

Camden

Member
Watch The Lira Now
Habertürk journalist Fatih Altaylı someone supposedly in the know ... has predicted a resignation of someone in high office ... after he said hearing it "confirmed by the sources at the top".

Altaylı, who did not provide information about the address of the resignation, which he said "very, very important", saying "There is an institution in Turkey that has been on the agenda a lot lately and even criticized from time to time".

Another journalist Murat Yetkin wrote down two names spoken Govt backstage his today's article. In the relevant section of his article titled "Five critical questions in Ankara", or Yetkin said that the names of Central Bank Governor Şahap Kavcıoğlu or the TurkStat President Sait Erdal Dinçer were mentioned behind the scenes of their resignation.

Yetkin said, “One of the first names to come was Kavcıoğlu, the President of the Central Bank.

According to the news in Birgün, the third name spoken in the backstage is Presidential Communications Director Fahrettin Altun.

 

Camden

Member
Watch The Lira Now
yag-pirinc-16-9-1642756645-880x495.jpg

The inflation is hitting ordinary Turks hard .

meters of oil and rice queues in the cold weather​


TMO's (Turkish Grain Board ) selling oil and rice cheaper than the market , caused the scenes of the pre-80s era experienced in Kütahya. Hundreds of citizens who wanted to buy cheap oil and rice waited in line for hours to buy oil and rice at minus 10 degrees Celsius.

CHP İzmir Deputy Tuncay Özkan shared the photo of the citizens who were in the cheap oil queue in front of TMO in Afyonkarahise and Kütahya on his social media account and dropped the following note:

“The people of Kütahya waited in line for cheap oil in the freezing cold. The AKP era will be remembered with oil, bread, potatoes, onions and fuel queues . This is Afyon. Cheap oil queue it means poverty, it means absence of basic goods ”

 
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enoch

Member
Watch The Lira Now
View attachment 25918

The inflation is hitting ordinary Turks hard .

meters of oil and rice queues in the cold weather​


TMO's (Turkish Grain Board ) selling oil and rice cheaper than the market , caused the scenes of the pre-80s era experienced in Kütahya. Hundreds of citizens who wanted to buy cheap oil and rice waited in line for hours to buy oil and rice at minus 10 degrees Celsius.

CHP İzmir Deputy Tuncay Özkan shared the photo of the citizens who were in the cheap oil queue in front of TMO in Afyonkarahise and Kütahya on his social media account and dropped the following note:

“The people of Kütahya waited in line for cheap oil in the freezing cold. The AKP era will be remembered with oil, bread, potatoes, onions and fuel queues . This is Afyon. Cheap oil queue it means poverty, it means absence of basic goods ”

Just wait until inflation hits 50+ and the full months energy bills come in February.
 

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